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Tag: teliasonera
TeliaSonera International Carrier Expands its North American Network
2013-11-19 09:43:15| IT Services - Topix.net
TeliaSonera International Carrier has added 11,500 fiber miles to its North American network.
Tags: international
north
american
network
TeliaSonera posts small rise in EBITDA, maintains outlook
2013-10-17 09:16:00| Telecompaper Headlines
(Telecompaper) TeliaSonera reported a small increase in third-quarter profits thanks to cost reductions and maintained its outlook for growth over the full year. While revenues were down 1.8 percent to SEK 25.38 billion in Q3, EBITDA increased 1.5 percent to SEK 9.42 billion. Excluding currency effects, acquisitions and disposals, sales were stable year-on-year and EBITDA rose 3.8 percent, as a 5.4 percent reduction in costs offset the weak economic climate and cuts to mobile termination rates. The adjusted EBITDA margin increased to 37.1 percent from 35.9 a year ago. Net profit rose 15.1 percent to SEK 4.64 billion, and free cash flow nearly doubled to SEK 7.31 billion, helped by dividends from the company's stake in Russian operator Megafon. The operator's new CEO, Johan Dennelind said he would work on strengthening the group's position in key markets, with an increased focus on innovation and continued cost efficiency. Following the scandal over the company's activities in Uzbekistan, which led to the downfall of the previous management, Dennelind said TeliaSonera was taking further measures to improve governance.
Tags: small
posts
rise
outlook
TeliaSonera Q3 net income rises but revenue flat
2013-10-17 02:00:00| Total Telecom industry news
New CEO Johan Dennelind says Swedish telco has strong asset base but warns of competitive weakness.
Top TeliaSonera Exec Replaced Over Uzbek Scandal
2013-10-03 18:30:52| IT Services - Topix.net
Did Scandinavian telecoms giant TeliaSonera pay Gulnara Karimova upwards of $300 million in bribes in order to break into the Uzbek mobile-phone market? A top manager of the Swedish telecommunications company TeliaSonera has been replaced amid ongoing investigations into the company's business dealings with a partner in Uzbekistan.
Tags: top
replaced
exec
scandal
TeliaSonera mobile chief steps down on Uzbekistan criticism
2013-10-03 10:22:00| Telecompaper Headlines
(Telecompaper) TeliaSonera appointed Sverker Hannervall as acting president of Business Area Mobility Services. He will assume the position with immediate effect and remain in his current position as member of Group Management and head of Business Services. He succeeds Tero Kivisaari who will take on other duties in the Group. The company said Kivisaari's role in TeliaSonera's criticized investments in Uzbekistan, and the attention surrounding them, "has made it impossible for him to act with the internal and external authority necessary for the President of the largest business area of TeliaSonera". An independent report commissioned by the operator had earlier cleared it of any wrongdoing in Uzbekistan, but said its business practices and procedures had not lived up to the highest standards. TeliaSonera said the shortcomings "were, to a great extent, a consequence of inadequate procedures and controls", and it's now working on strengthening governance. The Uzbekistan case remains under investigation by the Swedish public prosecutor.
Tags: mobile
chief
steps
criticism
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